Setting the personal injury discount rate - a BLM review

23 Jul 2019

Following the announcement on 15 July of a new discount rate of -0.25% for personal injury claims, our team of experts has now reviewed the various documents released following the decision and also looked at what the decision will mean for claims cost and strategy.

The Finance and Socio-Economic subject matter group, one of our focus groups that monitors subject areas of importance to catastrophic injury claims and our clients, has compiled a review document which is split into two parts:

  1. A commentary on the Lord Chancellor's reasons and approach, the advice he received whilst also drawing on the other documents listed and linked in the review
  2. We look at what the decision means for claims cost and strategy

Click here to download to document.

Please contact a member of the team with any questions.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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Related contacts


Andrew Hibbert

Andrew Hibbert

Partner, Head of BLM’s Catastrophic Injury Practice Group,
Southampton


Alistair Kinley

Alistair Kinley

Director of Policy & Government Affairs,
London


Who to contact


For more information about any of our news releases, please contact:

Natalie King
 +44 20 7638 2811
+44 20 7920 0361
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Fi Khan
+44 161 236 2002
+44 161 838 6324
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Jo Murray
+44 20 7638 2811
+44 20 7865 4849
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